In January 2010, 15 of the 16 Liuzhou factories
entered into a collusion agreement with Xian Yi Ge Food Factory to raise the
price of rice powder, and Xian Yi Ge adopted carrot-and-stick measures to make
sure the agreement would be executed. As a result of the agreement,
the colluding rice powder factories issued notice of a 25 percent-plus price
increase to downstream business operators, including rice powder wholesalers,
retailers, rice powder food peddlers and stores.
Click to read more...
Trade or
industry associations bring substantial benefits to their members and enhance
competition in the economic sectors they represent. However, member activities can also create
major antitrust risks that are subject to aggressive enforcement and penalties
under China’s Antimonopoly Law (AML).
This article shows how associations and their members can manage these
risks through a compliance program that defines acceptable and prohibited
activities.
Click to read more...
An "exclusive sales arrangement" in this article, is defined as an arrangement where a seller/trader provides a certain economic benefit to its counterparty in exchange for the counterparty's promise not to sell a competitor's products. If the seller/trader is a business operator with a dominant market position, an exclusive sales arrangement may be considered an abusive action under China's Anti-monopoly Law because it restricts the counterparty to conduct transactions only with the dominant market position operator or other businesses that the operator designates.
Click to read more...
Data
Privacy should not only consider mere Data Protection but also contractual principles.
And one of the oldest and most fundamental contractual principles is “do ut des”
which is Latin and goes back to ancient Roman Law meaning that there is or
should be a certain balance between what you give and what you get in return.
Click to read more...
The campaign, codenamed “Fox Hunt 2014”, was launched on July 22, 2014, and is supposed to last for about 180 days. By July 29 – the 100 days anniversary, the campaign witnessed 180 overseas fugitives arrested (104 of 180) by or surrendering themselves (76 of 180) to the Chinese police.
Click to read more...
The recent enhanced provisions enacted under the Personal Data Protection Act 2012 (“the PDPA”) has provided some clarity as to the standards of compliance expected of organisations that have to transfer personal data collected in Singapore to a country or territory outside Singapore. The basic principle, known as the Transfer Limitation Obligation, prohibits an organisation from transferring any personal data outside of Singapore except in accordance with requirements prescribed under the PDPA. The purpose of such requirements is to “ensure that organisations provide a standard of protection to personal data so transferred that is comparable to the protection under [the PDPA]” (“the Comparable Protection Standard”).
Click to read more...
On June 6, 2014, the Ministry of Commerce of China issued a new version of Guiding Opinions on the Declaration of Concentration of Undertakings that had been issued previously on January 5, 2009 (the “Guiding Opinions”). Compared with the old Guiding Opinions, the new Guiding Opinions has some new characteristics.
Click to read more...
On May 29, 2014, State Food and Drug Administration issued "Shi Yao Jian Xie Jian Bian Han [2014] No.51" to seek public comments for the Standards on the Quality Management of Using Medical Devices (Draft for Comment) (“The Standards”). The deadline for comment submission is June 15, 2014. Consisting of eight chapters, the Standards will be the basic requirements for the quality management during the use of medical devices by all entities. All comments shall be sent to qxjglt@cfda.gov.cn. You may also contact admin@compliance.com.cn for the submission of your comments.
Click to read more...
|
|
